BMO Financial Group - Conservative bank - Great work environment | Glassdoor
  1. "Conservative bank - Great work environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BMO Financial Group full-time for more than 6 years

    Pros

    Reasonable and straight forward work expectations

    Cons

    Lose business to other investment banks with a greater appetite for risk

    Advice to Management

    Keep doing what you are doing.

    BMO Financial Group2018-11-07
  1. "Great Values"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at BMO Financial Group for more than 9 years

    Pros

    BMO cares about its employees in the community they serve. I had a great time working there overall.

    Cons

    There are politics that you have to deal with. Very conservative and old school of thinking when it comes to technology.

    Advice to Management

    Embrace new technology coming to market. Be agile.

    BMO Financial Group2019-01-05
  2. "Good potential with room for improvements"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Advisor 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BMO Financial Group full-time for more than 2 years

    Pros

    Good company culture overall, generally the company and the employees want to help clients. The broker-dealer is currently in a growth mode so there are positive changes on the horizon and management seems to be forward thinking.

    Cons

    The relationship with the retail side of the bank is strained. The Premier Model looks good in theory but if an Advisor does not have a good team or supportive branches, it can be very difficult to grow the business.

    Advice to Management

    Continue to provide ways where the retail side of BMO Harris is encouraged to refer to the Wealth Management Division. A large majority of the clientele DOES NOT have a financial plan, which will only grow BMO Harris overall with better introductions.

    BMO Financial Group2019-05-01

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